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How Musicians, Labels Can Take Advantage Of Key Digital Trends
In looking at how businesses are being changed by digital platforms, music is no exception. Here we examine how consumer expectations, participations and changing demographics will all impact the music industry moving forward. Guest post by Michelle Aguilar of the TuneCore Blog It is probably no surprise that businesses are being transformed by digital platforms such ...
Royalty Exchange Adds $6.4 Million Funding, 3 Industry Veterans To Advisory Board
Royalty Exchange, a digital marketplace for royalties, has secured $6.4 million in funding, as well as added three new industry veterans to its board of advisors. The company had been seeking to raise $3 million, but said it increased its offering due to demand. Royalty Exchange provides a platform for rightsholders to sell a part of ...
Streaming Shifting The Industry For Labels and Artists
SongCast’s Mike Wright explores how the culture of music consumption has shifted from one of 'ownership' of content, to one of on-demand enjoyment, and how this change is impacting the entire industry, and how labels and artists choose to distribute their music. Guest post by Mike Wright of SongCast We’ve seen the trajectory from tapes, to CD’s, ...
Grammys (Finally) Shift To Online Voting
In a bid to increase member participation in the Grammy Awards, the Recording Academy is changing its voting procedure to allow ballots to be cast online. The changes to the ballot system, unveiled this week, will see the Academy shift to online voting, effective immediately. The organization said the changes to the voting system would provide ...
11 Most Expensive Albums Ever Produced
While the vast majority of artists are forced to record their music on a budget, we here look at eleven different instances in the history of recorded music when record labels spared no expense funding an artist album, although the return on such investments was not always proportionate. Guest post by Elyadeen Anbar of Soundfly's Flypaper ...
Streaming Revenue Could Surpass Live Income For Many Artists, says Mark Mulligan
"Do not assume that we have arrived at your destination," writes music industry analyst Mark Mulligan, referring to live music rather than recordings as the primary income driver for most musicians and the industry. “Add together all the pieces and you start to create an environment in which artists can see a more immediate direct return ...
Do You Really Need A Publicist, Or Just A Little Research?
While many up-and-coming bands may believe that having a publicist is the key to their dreams of fame and fortune, the reality of the situation is rather different. Here we look three critical questions to ask yourself when considering if hiring a publicist is the right choice for your band. Guest post by Rich Nardo of ...
Could Europe Be Set To Recalibrate The Digital Music Market?
Respect for copyrights and music's “value gap" continue to be core issues for creators and the music industry. But Europe's competition commissioner Margrethe Vestager is taking steps to recalibrate the entire digital marketplace, and the indie sector can lead the charge, says Helen Smith, executive chair of European independent music trade group Impala. Guest post by ...
Donald Trump Just Nominated A Strong Supporter Of Net Neutrality As FCC Commissioner
President Donald Trump has nominated Jessica Rosenworcel to fill the open Democratic slot at the Federal Communications Commission. If confirmed, it will mark her return to the FCC, where she served as a commissioner from 2012- 2016, departing after the Senate did not act to extend her term. Jessica Rosenworcel has been a strong and vocal supporter ...
Weekly Music Publishing Update: Inside The Ferrick, Lowery Pastorius Spotify Lawsuit
Ongoing in music industry news these days dwells the combined lawsuits of David Lowery, Melissa Ferrick and Jaco Pastorius. The plaintiffs combined forces to attempt a class action lawsuit against streaming services worldwide. Without judge approval for class action, their efforts narrowed toward Ferrick’s original focus: Spotify. Ferrick's accusations were made toward Spotify’s inconsistent obligation with ...
